The historical rank and industry rank for Raytech Holding's Gross Margin % or its related term are showing as below:
RAY'
s Gross Margin % Range Over the Past 10 Years
Min: 19.88 Med: 25.01 Max: 26.83
Current: 19.88
During the past 4 years, the highestGross Margin % of Raytech Holding was 26.83%. The lowest was 19.88%. And the median was 25.01%.
RAY's Gross Margin % is ranked worse than 63.65% of 1832
companies
in the Consumer Packaged Goods industry
Industry Median: 25.86
vs RAY: 19.88
Raytech Holding had a gross margin of 21.15% for the quarter that ended in Sep. 2024 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Raytech Holding was 0.00% per year.
Raytech Holding Gross Margin % Historical Data
The historical data trend for Raytech Holding's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Raytech Holding's Gross Margin %
For the Household & Personal Products subindustry, Raytech Holding's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Raytech Holding's Gross Margin % Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Raytech Holding's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Raytech Holding's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Raytech Holding had a gross margin of 21.15% for the quarter that ended in Sep. 2024 => Competition eroding margins
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Raytech Holding Gross Margin % Related Terms
Thank you for viewing the detailed overview of Raytech Holding's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Raytech Holding Ltd is principally engaged in product designing and manufacturing of various product ranges such as Hair Care, Men's Care and Women's Care products. It has sourced and wholesaled a wide range of personal care electrical appliances, which can be broadly classified into seven categories: hair styling series, including hair dryer, hair straightener and curling iron; trimmer series, including facial shaver, nose trimmer and eyebrow trimmer; eyelash curler; neck care series; nail care series; tooling and other personal care appliances such as body and facial brush, reset brush, callus remover, sonic peeling, handy fan and others. Raytech manufactures products under OEM and ODM.
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